Baseten set to raise $2B at up to $30B valuation as revenue triples
rohanpaul_ai · x · 2026-10-31
Per Bloomberg, AI inference platform Baseten is raising $2B at valuations up to $30B, more than doubling its June valuation, split into two tranches priced at $26B and $30B.
The driver is surging inference demand: annualized revenue reportedly tripled from $200M to $600M in Q1 2026. The $30B price (50x run rate) bets that inference spend keeps outgrowing training as agents burn more compute. Closest rival Fireworks AI raised $1.5B at a $17.5B valuation in July.
Related event: Baseten in Talks to Raise $2B at $30B Valuation(2 posts)→
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